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Meta to Cut Metaverse Spending, Shift Focus to AI and VR Glasses
ByAinvest
Thursday, Dec 4, 2025 9:06 pm ET1min read
Meta Platforms plans to cut metaverse investment by up to 30% and redirect funds to AI and AR glasses development. The company, which rebranded from Facebook in 2021, initially invested billions in VR technology. Shares surged 3.4% amidst the announcement. The move reflects a strategic shift as the tech industry evolves, with a growing focus on AI and a decrease in interest in virtual worlds. Meta's renewed focus on AR glasses signals a pivot away from its metaverse plans.
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